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tais basis in investment-use land was 15,000. He received a gross condemnation award of 18,500. His net condemnation award was 18,000. he purchased a replacement

tais basis in investment-use land was 15,000. He received a gross condemnation award of 18,500. His net condemnation award was 18,000. he purchased a replacement property at a cost of 18,500. what is tais basis in the replacement property

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